Most listings are in the $30's per square foot per year. The South Ann Arbor submarket is going through a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 31% rise in rent.
In the last 90 days, 36 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,060 sqft. Most properties in this region are around 1 stories. Most buildings in this area were built in 1977 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by taxi is the most popular way to get to work amongst South Ann Arbor folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.